Secretive Spy Tech Company Palantir Technologies Raises Another $50 Million

Palantir Technologies, the secretive Silicon Valley tech company
that helps intelligence agencies and corporations analyze data,
just raised another $50 million dollars according to an SEC
filing,
the San Francisco Business Times reports.

Palantir is interesting for a couple reasons.

The first is that its co-founder and chairman is Peter Thiel, the
Silicon Valley titan who was the first outside investor in
Facebook, and who says Palantir is
going to be as big as Facebook.

The second is what Palantir itself actually does, which is
provide data analysis tools to big corporations and hedge funds,
but also US intelligence agencies. The biggest part of Palantir's
business is working with the US intelligence community.